169 Mc Donalds Shut after September 6

169 Mc Donalds Shut after September 6 : McDonald’s said it was terminating its agreement with Connaught Plaza Restaurant (CPRL) due to alleged breach of franchise agreements. 169 Mc Donalds Shut after September 6 in Delhi. The move comes almost two months after CPRL shut 43 of the 55 McDonald’s restaurants in Delhi following its failure to renew their licences, amid a legal battle between Bakshi and McDonald’s.

169 Mc Donalds Shut after September 6

McDonald’s snapped its franchise agreement with Connaught Plaza Restaurants Ltd (CPRL), its equally owned joint venture with Vikram Bakshi that operated the US chain’s restaurants in northern and eastern India. McDonald’s has taken away all branding, trademark, design and marketing policy rights from CPRL while culminating a 22-year relationship with Bakshi.

Mc Donalds shut down in Delhi

“We have been compelled to take this step because CPRL has materially breached the terms of the respective franchise agreements relating to the affected restaurants,” the company said in a statement.

“This is a completely contemptuous, mala fide and yet another oppressive act indulged in by the McDonald’s Corporation to sabotage the order of the Hon’ble NCLT (which states that McDonald’s Corporation is refrained from interfering with the smooth functioning of Connaught Plaza and all its 169 restaurants open in the assigned territory of north/east India),” Bakshi said in a text message.

Also Read : PMS Symptoms, Effects, Causes and Treatment
Tips For Glowing And Healthy Skin

Kindly let us know if you like our posts. Your suggestions and ideas are valuable and are most welcome. Keep writing to us and we will post on topics related to your favorite topics. Please like and share our posts if you like our content. Stay tuned.

More From Our Website

Celebrity Plastic Surgery Disasters Celebrity Plastic Surgery Disasters : From yesteryear stars like Sridevi to new-age divas like Kangana Ranaut, Anushka Sharma, Vaani Kapoor, everyone seems to be in a rush to get lip, nose, breast and god-knows-what job done. Obviously, some confess of the truth while majority chose to remain mum on...
Best New Year Resolution Ideas, Images, Quotes, Pictures Best New Year Resolution Ideas, Images, Quotes, Pictures : Happy New Year 2018 guys ! New year has arrived and we all have a list of resolutions that we have decided to follow for the next year. From quitting smoking to finding a perfect match, people have really very different resolutions in mind. ...
Bibia Be Ye Ye Lyrics By Ed Sheeran with HD Video Bibia Be Ye Ye Lyrics By Ed Sheeran with HD Video : The lyrics and HD video of the amazing singer Ed Sheeran is here. He is back with this awesome track. Bibia Be Ye Ye Lyrics By Ed Sheeran with HD Video is here for you for free. Enjoy this Bibia Be Ye Ye Lyrics By Ed Sheeran with HD Video. Also let...
Most Powerful And Famous Couples Around The World Most Powerful And Famous Couples Around The World : Hola Guys! We have got the list of theMost Powerful And Famous Couples Around The World. There are so many couples that set an example in front of the entire world. The togetherness and affection between them is just so perfect. Everything about th...
Best Of The Kapil Sharma Show Episodes Best Of The Kapil Sharma Show Episodes : Kapil Sharma is one of the best comedians that India has today. Recently there were reports of his show going down on TRP but we have good news for all the Kapil Sharma Fans. The show license has been renewed with Sony Channel for the next 1 year. We have the...
Lesser Known Siblings of Bollywood Celebrities Lesser Known Siblings of Bollywood Celebrities : You are a fan of the Bollywood stars but do you know that they have siblings that no one knows. Yes we have brought the list of Lesser Known Siblings of Bollywood Celebrities. Your favourite bollywood stars like Kangana Ranaut, Aamir Khan, Katrina Kai...

viraldrafts

Leave a Reply

Your email address will not be published. Required fields are marked *